KUALA LUMPUR, April 3 -- The effects of the US-Iran conflict on Malaysian households may not be seen through immediate shortages. 

Instead, it will be noticeable in a gradual shift in how people spend, as expectations of higher fuel and food prices begin to shape consumption habits.

While food supply remains stable for now, higher fuel costs are expected to raise the cost of transport and production, which could eventually push up prices at the checkout.

How oil prices could affect household budgets

Tensions in the Middle East have made oil prices more volatile, raising costs across supply chains.

As fuel is used at every stage of food production - from fertiliser to transport - higher oil prices will eventually feed into f...